TIDMAAU

RNS Number : 3889J

Ariana Resources PLC

23 August 2021

23 August 2021

AIM: AAU

Exercise of Options under Employee Share Option Plan

Director/PDMR Shareholdings

Total Voting Rights

Ariana Resources plc ("Ariana" or "the Company"), the AIM-listed mineral exploration and development company with joint-venture gold mining operations in Europe , announces that it received exercise notices under the Ariana Resources PLC 2018 Employee Share Option Plan (the "Notices") as follows:

   Name of option holder                     Number of Shares 
   Christopher Sangster, Director                       2,000,000 
   Michael de Villiers, Chairman                         3,000,000 
   William Payne, Director                                  2,000,000 

Accordingly, the Company will issue 7,000,000 new ordinary shares in the Company at a price of 1.55p per share to satisfy the total of 7,000,000 options set out in the Notices ("Option Shares").

Application will be made for the Option Shares, which will rank pari passu with all existing ordinary shares, to be admitted to trading on AIM ("Admission"). Admission is expected on or around 27 August 2021.

Directors' Dealings

The Company were also informed of the following:

Michael de Villiers, Chairman on 20 August 2021

   -     sold a total of 3,800,000 ordinary shares at an average price of 4.68 pence; 
   -     purchased 900,000 ordinary shares in his SIPP at an average price of 4.85 pence. 

Mrs de Villiers, wife of Michael de Villiers on 20 August 2021

   -     purchased 900,000 ordinary shares in her SIPP at an average price of 4.81 pence. 

Kerim Sener, Managing Director on 20 August 2021

   -     purchased 160,000 ordinary shares in his SIPP at 4.78 pence. 

Following Admission, and the Directors' Dealings as described above, the Directors shareholdings will be as follows:

   Name of Director                  Number of Shares                % of issued share capital 
   Christopher Sangster              5,927,287                                0.54 
   Michael John de Villiers          59,400,000                              5.44 
   William Payne                         11,359,314                              1.74 
   Kerim Sener                            20,817,526                              1.91 

Total Voting Rights

Following Admission, the number of shares in issue will be ordinary shares of 0.1p each and therefore, the total number of voting rights in the Company will be 1,091,677,943.

The above statement of voting capital may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.

Contacts:

 
 Ariana Resources plc              Tel: +44 (0) 20 3476 
                                    2080 
 Michael de Villiers, Chairman 
 Kerim Sener, Managing Director 
 
 Beaumont Cornish Limited          Tel: +44 (0) 20 7628 
                                    3396 
 Roland Cornish / Felicity Geidt 
 
 Panmure Gordon (UK) Limited       Tel: +44 (0) 20 7886 
                                    2500 
 James Stearns /Atholl Tweedie 
 
 Yellow Jersey PR Limited          Tel: +44 (0) 20 3004 
                                    9512 
 Dom Barretto/Joe Burgess          arianaresources@yellowjerseypr.com 
  / Henry Wilkinson 
 

The following information relating to the transaction has been filed with the FCA in accordance with Article 19(1) of the Market Abuse Regulation.

Christopher Sangster

 
 1    Details of t he p erson disc harging managerial responsib 
       ilities / p erson closely associated 
 a)   Name                        Christopher Sangster 
     --------------------------  ------------------------------------------------------------ 
 2    Reason for notification 
     ---------------------------------------------------------------------------------------- 
 a)   Position / status           Director 
     --------------------------  ------------------------------------------------------------ 
 b)   I nitial notification       Initial 
       /Amendment 
     --------------------------  ------------------------------------------------------------ 
 3    Details of t he issu er, emission allow a n ce m a r 
       k et participan t, au ct ion plat for m, au ction eer 
       or auc tion monitor 
     ---------------------------------------------------------------------------------------- 
 a)   Name                        Ariana Resources plc 
     --------------------------  ------------------------------------------------------------ 
 b)   LEI                         213800LVVY7GZY21LH22 
     --------------------------  ------------------------------------------------------------ 
 4    Details of t he t ransact ion (s): section to be re 
       p eated for ( i) e a ch type of instr u m e n t; (ii) 
       each type of transac tion; (iii) each date; and ( iv) 
       each place w h ere transactions have b een condu cted 
     ---------------------------------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of 0.1 pence each 
       financial instrument,       in Ariana Resources plc 
       t ype of instrument 
 
       I d e ntification           ISIN GB00B085SD50 
       code 
     --------------------------  ------------------------------------------------------------ 
      Nature of the transaction 
                                         *    Exercise of Options under Employee Share Option 
                                              Scheme 
     --------------------------  ------------------------------------------------------------ 
 c)   Price(s) and volumes(s)       Price(s)      Volumes(s) 
                                     1.55 pence    2,000,000 
                                                  ----------- 
     --------------------------  ------------------------------------------------------------ 
 d)   Aggregated information      n/a 
     --------------------------  ------------------------------------------------------------ 
 e)   Date of the transaction     20 August 2021 
     --------------------------  ------------------------------------------------------------ 
 f)   Place of the transaction    LSX 
     --------------------------  ------------------------------------------------------------ 
 

Michael de Villiers

 
 1    Details of t he p erson disc harging managerial responsib 
       ilities / p erson closely associated 
 a)   Name                        Michael de Villiers 
     --------------------------  ------------------------------------------------------------ 
 2    Reason for notification 
     ---------------------------------------------------------------------------------------- 
 a)   Position / status           Director 
     --------------------------  ------------------------------------------------------------ 
 b)   I nitial notification       Initial 
       /Amendment 
     --------------------------  ------------------------------------------------------------ 
 3    Details of t he issu er, emission allow a n ce m a r 
       k et participan t, au ct ion plat for m, au ction eer 
       or auc tion monitor 
     ---------------------------------------------------------------------------------------- 
 a)   Name                        Ariana Resources plc 
     --------------------------  ------------------------------------------------------------ 
 b)   LEI                         213800LVVY7GZY21LH22 
     --------------------------  ------------------------------------------------------------ 
 4    Details of t he t ransact ion (s): section to be re 
       p eated for ( i) e a ch type of instr u m e n t; (ii) 
       each type of transac tion; (iii) each date; and ( iv) 
       each place w h ere transactions have b een condu cted 
     ---------------------------------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of 0.1 pence each 
       financial instrument,       in Ariana Resources plc 
       t ype of instrument 
 
       I d e ntification           ISIN GB00B085SD50 
       code 
     --------------------------  ------------------------------------------------------------ 
      Nature of the transaction 
                                         *    Exercise of Options under Employee Share Option 
                                              Scheme 
 
 
                                         *    Sale of shares 
 
 
                                         *    Purchase of share by Mrs de Villiers in SIPP 
 
 
                                         *    Purchase of shares in SIPP 
     --------------------------  ------------------------------------------------------------ 
 c)   Price(s) and volumes(s)       Price(s)      Volumes(s) 
                                     1.55 pence    3,000,000 
                                                  ----------- 
                                     4.68 pence    3,800,000 
                                                  ----------- 
                                     4.81 pence    900,000 
                                                  ----------- 
                                     4.85 pence    900,000 
                                                  ----------- 
     --------------------------  ------------------------------------------------------------ 
 d)   Aggregated information      n/a 
     --------------------------  ------------------------------------------------------------ 
 e)   Date of the transaction     20 August 2021 
     --------------------------  ------------------------------------------------------------ 
 f)   Place of the transaction    LSX 
     --------------------------  ------------------------------------------------------------ 
 

William Payne

 
 1    Details of t he p erson disc harging managerial responsib 
       ilities / p erson closely associated 
 a)   Name                        William Payne 
     --------------------------  ------------------------------------------------------------ 
 2    Reason for notification 
     ---------------------------------------------------------------------------------------- 
 a)   Position / status           Director 
     --------------------------  ------------------------------------------------------------ 
 b)   I nitial notification       Initial 
       /Amendment 
     --------------------------  ------------------------------------------------------------ 
 3    Details of t he issu er, emission allow a n ce m a r 
       k et participan t, au ct ion plat for m, au ction eer 
       or auc tion monitor 
     ---------------------------------------------------------------------------------------- 
 a)   Name                        Ariana Resources plc 
     --------------------------  ------------------------------------------------------------ 
 b)   LEI                         213800LVVY7GZY21LH22 
     --------------------------  ------------------------------------------------------------ 
 4    Details of t he t ransact ion (s): section to be re 
       p eated for ( i) e a ch type of instr u m e n t; (ii) 
       each type of transac tion; (iii) each date; and ( iv) 
       each place w h ere transactions have b een condu cted 
     ---------------------------------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of 0.1 pence each 
       financial instrument,       in Ariana Resources plc 
       t ype of instrument 
 
       I d e ntification           ISIN GB00B085SD50 
       code 
     --------------------------  ------------------------------------------------------------ 
      Nature of the transaction 
                                         *    Exercise of Options under Employee Share Option 
                                              Scheme 
     --------------------------  ------------------------------------------------------------ 
 c)   Price(s) and volumes(s)       Price(s)      Volumes(s) 
                                     1.55 pence    2,000,000 
                                                  ----------- 
     --------------------------  ------------------------------------------------------------ 
 d)   Aggregated information      n/a 
     --------------------------  ------------------------------------------------------------ 
 e)   Date of the transaction     20 August 2021 
     --------------------------  ------------------------------------------------------------ 
 f)   Place of the transaction    LSX 
     --------------------------  ------------------------------------------------------------ 
 

Kerim Sener

 
 1    Details of t he p erson disc harging managerial responsib 
       ilities / p erson closely associated 
 a)   Name                        Kerim Sener 
     --------------------------  --------------------------------------- 
 2    Reason for notification 
     ------------------------------------------------------------------- 
 a)   Position / status           Director 
     --------------------------  --------------------------------------- 
 b)   I nitial notification       Initial 
       /Amendment 
     --------------------------  --------------------------------------- 
 3    Details of t he issu er, emission allow a n ce m a r 
       k et participan t, au ct ion plat for m, au ction eer 
       or auc tion monitor 
     ------------------------------------------------------------------- 
 a)   Name                        Ariana Resources plc 
     --------------------------  --------------------------------------- 
 b)   LEI                         213800LVVY7GZY21LH22 
     --------------------------  --------------------------------------- 
 4    Details of t he t ransact ion (s): section to be re 
       p eated for ( i) e a ch type of instr u m e n t; (ii) 
       each type of transac tion; (iii) each date; and ( iv) 
       each place w h ere transactions have b een condu cted 
     ------------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of 0.1 pence each 
       financial instrument,       in Ariana Resources plc 
       t ype of instrument 
 
       I d e ntification           ISIN GB00B085SD50 
       code 
     --------------------------  --------------------------------------- 
      Nature of the transaction 
                                         *    Purchase of shares in SIPP 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volumes(s)       Price(s)      Volumes(s) 
                                     4.78 pence    160,000 
                                                  ----------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information      n/a 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     20 August 2021 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    LSX 
     --------------------------  --------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHEASPAADSFEFA

(END) Dow Jones Newswires

August 23, 2021 02:00 ET (06:00 GMT)

Ariana (AQSE:AAU.GB)
Historical Stock Chart
From Jan 2025 to Feb 2025 Click Here for more Ariana Charts.
Ariana (AQSE:AAU.GB)
Historical Stock Chart
From Feb 2024 to Feb 2025 Click Here for more Ariana Charts.